Originally posted by @Stephen J Davis:You could probably buy around 5 single-family using hard money loans to conventional.

As long as the lien against the property is recorded, there are no seasoning requirements for a refinance, with no cash back.If you are looking to get cash back....And you initially obtained financing, you have to wait 6 months for conventional.

Then, when it’s time to purchase the third property, you could refi out of the first FHA loan (if you have enough equity), and then use your FHA loan again, or use a conventional loan product. 

Non owner occupied conventional mortgage if you buy a rental 1st.3.

2) If say, I reach my 10 conventionally financed property limit, can I still get a conventional loan for my primary residence?

When looking to do a cash out refi of your private loan into conventional mortgage (BRRRR method, 15% down) what percentage of LTV are you requesting with new ARV?

Is that true that I won’t be able to qualify for a conventional mortgage by the bank?

If not a conventional loan - time to get creative!

However, I do not have nearlyyy enough money for conventional loans.

Find a good title company and loan servicer that will do this, and if its conventional it should be easy to find.